Mounts Bay Lodge, New Town Lane, Penzance, TR18
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Mounts Bay Lodge, New Town Lane, Penzance, TR18

By Stacey Mann Estates

£ 275,000

Reviews

3 out of 5 stars

Stacey Mann Estates says ..

An immaculate 1-bedroom contemporary apartment situated on the first floor within a group of residences exclusively for over 60's. This property is at the back of the building and therefore very quiet with little road noise, it also benefits from the afternoon sun and is chain free.There is a lif...

Property Oracle says ..

This one-bedroom apartment at Mounts Bay Lodge in Penzance offers a desirable location close to the town’s amenities and the coast. The property is situated within a retirement complex, catering to a specific demographic. The apartment’s condition seems good, with a modern kitchen and bathroom. While the decor might be considered somewhat dated by some, it is clean and well-maintained. The absence of a private garden is a notable characteristic of apartment living. The communal outdoor space provides a pleasant area for residents. The price point appears reasonable compared to other similar properties in the complex, but further analysis of square footage and specific property features would be necessary for a more precise valuation. The lack of detailed information on nearby properties makes a comprehensive price comparison challenging. The property is suitable for those seeking retirement living in a convenient coastal location, but less suitable for families or those seeking a larger property with a private garden.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
739.48

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
380,500.00 £
Decreased by 7.95 %
from 413,363.00 £
Est sale value
225,541.40 £
Increased by 0.66 %
from 224,062.44 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est letting value
739.48 £/mo
from 0.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
31.00 %
Unchanged by 0.00 %
from 31.00 %

Agent Activity

  • Stacey Mann Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Catholic School, PenzanceAcademy ConverterGood0.81 KM
St Mary'S Cofe Primary School, PenzanceVoluntary Aided SchoolGood0.91 KM
West Penwith Children'S CentreChildren's Centre0.93 KM
Penwith Alternative Provision AcademyAcademy Alternative Provision ConverterOutstanding0.94 KM
Humphry Davy SchoolFoundation SchoolGood0.99 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Wharf Road £ 348,23800.00 KM
Wood Street £ 165,00000.00 KM
The Arcade £ 000.00 KM
Abbey Street £ 1,197,50000.00 KM
Under Chapel Yard £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Penzance3526PNZ0.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mounts Bay Lodge, Penzance, TR18 £ 420,000BUY6 / 100.00 KM
Mounts Bay Lodge, Penzance, TR18 £ 279,000BUY7 / 100.00 KM
Mounts Bay Lodge, New Town Lane, Penzance, TR18 £ 275,000BUY6 / 100.00 KM
New Town Lane, Penzance, Cornwall, TR18 £ 230,000BUY6 / 100.01 KM
New Town Lane, Penzance TR18 £ 290,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
42 Market Jew Street £ 120,0000.17 KM
70 Market Jew Street £ 38,0000.18 KM
58 Adelaide Street £ 272,5000.18 KM
Brentwood House £ 330,0000.22 KM
Garbo House £ 175,0000.22 KM